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Investments in Unconsolidated Joint Ventures (Tables) | 6 Months Ended
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May 31, 2021
Equity Method Investments and Joint Ventures [Abstract] |
Statements of Operations of Unconsolidated Joint Ventures | The following table presents combined condensed information from the statements of operations for our unconsolidated joint ventures (in thousands):
| Three Months Ended May 31, |  | Six Months Ended May 31,
| 2021 |  | 2020 |  | 2021 |  | 2020
Revenues | $ | 3,148 |  |  | $ | 66,873 |  |  | $ | 12,839 |  |  | $ | 94,420 |
Construction and land costs | (2,819) |  |  | (46,725) |  |  | (10,944) |  |  | (68,268) |
Other expense, net | (530) |  |  | (3,742) |  |  | (1,409) |  |  | (5,849) |
Income (loss) | $ | (201) |  |  | $ | 16,406 |  |  | $ | 486 |  |  | $ | 20,303 |
Balance Sheets of Unconsolidated Joint Ventures | The following table presents combined condensed balance sheet information for our unconsolidated joint ventures (in thousands):
| May 31, 2021 |  | November 30, 2020
Assets |  |  |
Cash | $ | 39,517 |  |  | $ | 38,837 |
Receivables | 116 |  |  | 96 |
Inventories | 58,791 |  |  | 65,233 |
Other assets | 466 |  |  | 593 |
Total assets | $ | 98,890 |  |  | $ | 104,759 |
Liabilities and equity |  |  |
Accounts payable and other liabilities | $ | 12,094 |  |  | $ | 14,037 |
Equity | 86,796 |  |  | 90,722 |
Total liabilities and equity | $ | 98,890 |  |  | $ | 104,759 |

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